Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
A2 PROJECTS from Ninove, company number BE0678642187, closed financial year 2025 with a result of € 5,675 after tax. For that financial year A2 PROJECTS recorded a gross margin of € 56,188 and equity of € -88,288. Compared with financial year 2024, the result moved from € -6,890 to € 5,675. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2026.
€ -88,288
▲ € 5,675 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,675
▲ still € 6,890 loss in 2024
Profit after tax over the fiscal year.
€ 5,452
▲ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -148,288.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,097
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,628
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -83,557 | € 6,784 | € -3,982 | € 56,188 | ▲ € 60,170 |
| Profit after taxes | € -90,251 | € 1,430 | € -6,890 | € 5,675 | ▲ € 12,565 |
| Equity | € -88,503 | € -87,074 | € -93,964 | € -88,288 | ▲ € 5,675 |
| Total debts | € 558,932 | € 574,246 | € 564,219 | € 103,740 | ▼ 82% |
| Cash | € 17,766 | € 17,312 | € 3,193 | € 5,452 | ▲ 71% |
| Retained profit | € -148,503 | € -147,074 | € -153,964 | € -148,288 | ▲ € 5,675 |
| Bank debt | € 121,213 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 470,429 | € 487,172 | € 470,255 | € 15,452 | ▼ 97% |
Key figures of A2 PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to A2 PROJECTS?
What happened at A2 PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,675. filed late Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
- ISABELLE DE SPIEGLEER became a director. NBB
- ANDY ADRIAENS became a director. NBB
In short
From € 90,251 loss in 2022 to € 5,675 profit in 2025.
Best year ever: 2025, with € 5,675 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind A2 PROJECTS are ISABELLE DE SPIEGLEER and ANDY ADRIAENS.
Directors
According to the 2025 annual accounts
ISABELLE DE SPIEGLEER
Manager
since 2017
ANDY ADRIAENS
Manager
since 2017
Establishments
Establishment units
Physical locations of this company
Gentsestraat 157
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.642.187
- VAT number
- BE 0678.642.187
- Registered office
- Gentsestraat 157, 9400 Ninove
- Names & denominations
- A2 PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 2017
- Peppol
- Not registered
- Activities · NACE
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